Nzd/Cad

[0307148]

The New Zealand dollar – Canadian dollar pair continues to stretch its limits as it come closer to the last resistance level that defines the huge shuffling range for the pair, a shuffling pattern that results from the pair's weekly graph. Effectively, the pair has two strong resistance levels and each one could signal the end of present rises and the move to a new wave of decreases.

[joney]

bearish mode indication are given by Accumulated Oscilator (AO), Relative Vigor Index (RVI) but Gator Oscilators is still indicating uptrend mode it means pair still have bearish tendency although in sideway movement from level 0.8460 then fast stochastic line is intersecting slow line bottom upward near neutral level 50 as bearish can not strong enough then pair rebound

[Shahzadahmed4850]

Usd/cad is sell

Piviot Point is :1.3428

Resistance and supporting level is:

Resistance level is :

My Resistance is ,,,

Resistance level first: 1.3461
Resistance level 2nd : 1.3496
Resistance level 3rd: 1.3521

My support is,,,,,

Supporting level first: 1.3405
Supporting level 2nd: 1.3393
Supporting level 3rd:1.3382

[Joon]

Analysis Chart NZD / Cad on today's Weekly is clear that the trend is still up, that is why I suggest you can buy with short-term take profit around 100 to 200 pips and if you choose to sell the security or you must have a large margin, we can see in the picture below all the Stochastic indicator is above 80 and the area we've been able to do sell to take profit which I think is very big between 700-900 pips

[janny]

The pair is moved up to test the resistance on 0.8217
if it is breaked we can see the pair move up
if this resistance is not breaked we can see the pair move down to test the 1st support on 0.8200

[yuyul]

Daily overview for NzdCad
The price is finding the first support at 0.8827 and the next support is at 0.8802 The price is finding the first resistance at 0.8872 and the next resistance is at 0.8894 I predict price will be continued falling today. The first target is the level 0.8801 After fixing below the first target, then price will go to the level of 0.8785 will become the next one. we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.

“--- Trading recommendations for trading : Open Sell ---“

According to the current scenario I would like to recommend you to keep an eye on support and resistance levels of the market and also don’t forget to use the proper money management. Have a great and profitable trading everyday !!

[janny]

i see the more bearish still play here. this bearish on this pair still nice to be search for sell as long as the strong supply area (near price 0.8180) still can not be break by buyer. search for sell with SL max. on above 0.8180 - wise decision,

[janny]

i think this pair will go up again sama as nzj but i dont have any buy setup for this pair........so sorry i can say more about this pair......maybe later we will get some good setup for it....waiting for bullish

[Moon22]

the trading now above the level of 0.8000 will make the uptrend expected and the pair might continue in it's upmovements heading to 0.8035 and then 0.8070 and that's before bouncing from the resistance levels

[Moon22]

Buy [Start] -> 0.8212
Buy [End] -> 0.8232
Stop Loss -> 0.8172
Max Take Profit -> 0.8277
Resistance 1 -> 0.8249
Resistance 2 -> 0.8344
Resistance 3 -> 0.8401